Mongolia-Czech Business Forum continues in Ulaanbaatar www.en.montsame.mn

iPhone optimism blasts Apple stock to 2016 high www.reuters.com

Endeavour to buy Mexican exploration properties from Silver Standard www. mining.com

Aeroflot Privatization Delayed to 2020 www.themoscowtimes.com

Russia's flagship national airline, Aeroflot, will be excluded from the government's privatization plans until at least 2020.

President of Mongolia is to pay an official visit to the Republic of Cuba www.gogo.mn

President of Mongolia is to pay an official visit to the Republic of Cuba on September 15-18 and is to attend the 71st session of the United Nations General Assembly in New York on September 19-24.
President Ts.Elbegdorj is to give a speech, expressing Mongolia’s position on the global issues. He will be visiting Philadelphia, USA, on September 23.

European Commission plans free wi-fi in public spaces www.bbc.com

The European Commission wants free wi-fi to be provided in public spaces across its member states within four years.
The goal was announced by the president of the European Union's executive body, Jean-Claude Juncker, in his annual state of the union address.
He also wants at least one city in each EU country to have deployed a 5G mobile network by 2020.
However, one expert cast doubt over whether the public would benefit.
European officials have struggled to deliver an earlier promise to abolish mobile roaming fees.

Mr Juncker said digital technologies were "permeating every aspect of life", so everyone should be able to get online.
"Everyone benefiting from connectivity means that it should not matter where you live or how much you earn," he said.
"So, we propose today to equip every European village and every city with free wireless internet access around the main centres of public life by 2020."
A factsheet for his Wifi4EU plan states that it applies to parks, squares, libraries and public buildings.
However, it makes clear that the commission plans to spend a maximum of €120m (£102m) to install the necessary equipment, and that local bodies will have to cover subscription costs, maintenance and other expenses.
Mark Newman, chief analyst at the telecoms consultancy ConnectivityX, said: "€120m doesn't sound like a huge amount of investment.
"In many towns and cities, people can already find free wi-fi on the High Street.
"I would question whether frugal councils will really see it as a priority to deliver free wi-fi in all their buildings and squares."
Mr Newman said the 5G pledge was also less impressive than it sounded.
"The 5G standard itself won't be ready until 2018," he said.
"And I can't see any spectrum licences being allocated until the next year or the one after that.
"So, the only deployment in 2020 would be in highly targeted areas - something like a shopping precinct or Trafalgar Square.

Additional goals set for 2025 included:
minimum download speed of 100Mbps for all European households
minimum download and upload speeds of 1GBps for all hospitals, administrations and other public services reliant on digital technologies
uninterrupted 5G access for all major roads and railways
The EU's digital economy commissioner backed his president, suggesting the targets would help focus minds.
"Europe has the ambition to lead on the deployment of 5G," said Gunther Oettinger.
"It is time to move to a gigabit society and make sure all Europeans, whether in the countryside or the cities, can get access to a quality internet connection."
Roaming row
The European Commission has faced criticism of its handling of a promise to stop its citizens being charged roaming fees when using their handsets in a different European country to their own.
The executive first proposed the idea in 2013.

Its intention was to prevent people living in one country buying a plan from another to cover their day-to-day use.
But the move caused a backlash, and last week Mr Juncker called for the scheme to be rethought.
"The draft was not technically wrong," Mr Juncker said in his state of the union address.
"But it missed the point of what was promised.
"And you will see a new, better draft as of next week.
"When you roam, it should be like at home."

Global upstream oil and gas spending to fall 24% in 2016 -- IEA www.asia.nikkei.com

Russia prepares for gas divorce from Europe www.rt.com

Renesas to buy Intersil for $3.2 bil. www3.nhk.or.jp

Bank of England to buy Apple bonds www.bbc.com

The Bank of England has included Apple on a list of companies that qualify for its new economic stimulus bond-buying scheme.

This means the central bank views the company as making a "material contribution" to the British economy.
The decision will anger the Silicon Valley giant's critics, who accuse it of avoiding tax on UK sales by routing them via Ireland.
The European Commission has attacked Ireland's tax arrangements with Apple.
It said they allowed the iPhone maker to pay almost no tax on international sales, which amounted to illegal state aid.
Bond programme
On Monday, Apple was put on a list of 100 companies that will qualify for the Bank of England's new corporate debt purchase initiative.
Introduced as a stimulus measure after the Brexit vote, the scheme will see the Bank enter the market for company bonds - tradeable IOUs - for the first time. The Bank says it will buy the bonds in an attempt to drive down borrowing costs and encourage businesses to invest more.
The test for inclusion was whether companies make a "material" contribution to the economy. Relevant factors include if headquarters are located in Britain, or whether a company has a significant volume of sales.
Apple does not have its headquarters here and a proportion of its sales in the UK are legally recorded in Ireland.
The Bank of England declined to comment on individual companies on the list, but a source at the Bank said the bond-buying programme was designed to influence market prices and that including the Apple bond increased its chances.
There are other companies on the list that might raise eyebrows - including the two British tobacco giants British American Tobacco and Imperial Brands - and the US fast food giant McDonald's, whose tax affairs are also under investigation in Brussels.